The federal government has announced a Re1 per litre reduction in petrol prices for the next fortnight, effective February 16, 2025, in line with the recent dip in global fuel markets.
As per a notification issued by the Finance Division on Saturday, the new price of petrol will be Rs256.13 per litre, down from Rs257.13.
Similarly, the price of high-speed diesel (HSD) has been reduced from Rs267.95 to 263.95 after a reduction of Rs4 per litre.
“The Oil & Gas Regulatory Authority (OGRA) has reviewed and adjusted consumer prices for petroleum products in view of recent fluctuations in the international oil market,” stated the notification.
Meanwhile, prices of other petroleum products have also been reduced.
The new price of kerosene oil will be Rs171.65, down by Rs3.20 from Rs174.85 per litre. Likewise, the price of light-diesel oil has been reduced by Rs5.25 from Rs161.06 to Rs155.81 per litre.
| Prodcuts | Existing price | New price | Increase/Decrease |
| Petrol | 257.13 | 256.13 | -1.00 |
| High-Speed Diesel | 267.95 | 263.95 | -4.00 |
| Kerosene Oil | 174.85 | 171.65 | -3.20 |
| Light Diesel Oil | 161.06 | 155.81 | -5.25 |
